FTSE 100 Markets Red as Tensions Escalate
The FTSE 100 has plunged into correction territory, closing 0.24% lower amid escalating geopolitical tensions and inflationary pressures.
Gold Prices Plummet Amid Central Banks’ Steady Interest Rates
Gold prices have taken a significant hit following the decision of central banks to keep interest rates unchanged, raising inflation worries.
Bank of England Holds Rates Steady Amid Inflation Concerns
The Bank of England has decided to keep interest rates unchanged at 3.75%, citing inflation risks. This decision comes amid a cautious economic outlook.